credit associates review

The Credit Associates review below will give you the lowdown on this debt management company. It has many positive points, including strong industry accreditation and a favorable client evaluation. As a credit repair company, this company truly cares about its clients’ financial future and is determined to find the best solution for their credit problems. Here are three of the company’s key strengths:

Credit Associates offers a free debt consultation

If you’re struggling with debt and are in need of a free consultation, consider contacting Credit Associates. Their debt advisor will review your finances and offer solutions. They will also recommend a debt relief provider. This is an added value that you may not find elsewhere. They work with most U.S. states, although some states do not have this program. If you’re in one of those states, you can find more information about Credit Associates’ services online.

Although they have only been around since 2016, Credit Associates has been helping clients since 2016. This company does not provide much information on their website, so they have avoided making headlines. They do offer a free debt consultation, either over the phone or online. All you have to do is sign up for a consultation, enter your personal details, and wait for a quote. Credit Associates will then contact your creditors and negotiate a reduced amount for you.

The company has an A+ rating with the Better Business Bureau and is accredited by the National Foundation for Debt Management. They also have a money-back guarantee, which is rare for a debt relief company. Whether you choose to work with Credit Associates or not depends on your personal situation. If you choose to work with them, be sure to read their client testimonials to ensure you’ll be satisfied with their services.

Once you’ve signed up for the program, Credit Associates will contact you by phone. If you can’t wait for the phone call, you can also call the number listed on the request form. Once you’ve been accepted to the program, you’ll have to start making monthly payments. The money will go towards paying off your creditors. The length of the program will depend on your debt and how much you owe.

Debt settlement is a great option for people who want to pay off a debt quickly and safely. However, it will impact your credit, as you’ll be paying interest and penalties while the negotiation takes place. Credit Associates’ free debt consultation will give you more information and help you find a solution that meets your individual needs. There are no guarantees, but you’ll be able to enjoy a debt-free future sooner than you might otherwise.

It charges a fee to consolidate debt

If you are in a serious amount of debt, Credit Associates is the right company to help you with your situation. This company will consolidate your debt for you and offer you a variety of repayment options ranging from twelve to 84 months. This company does charge a fee, but the benefits far outweigh this fee. Customers have reported high success rates and are satisfied with their service. The company’s customer service representatives can answer any questions you have about the process and can customize a plan just for you.

Credit Associates offers a debt management program, which can help you get out of debt in as little as two years. It does charge a fee to consolidate your debt, but this fee depends on the amount of debt you have and how complex the process is. If you choose this option, be aware that your credit score may not immediately improve. However, it may take several months for the debt consolidation process to work.

Credit Associates also requires clients to make a monthly payment. This fee is not due in advance, but it will be deducted from a Special Purpose Savings Account (SPSA) once the settlement is finalized. This fee may equal as much as 20% of the original debt sum, so it’s worth checking your finances before choosing this company. The Credit Associates program is a good option for those with a lot of debt, but it can be a burden.

Regardless of whether you opt for a credit counseling program or a consolidation plan, you need to keep in mind that there are no guarantees that your creditor will agree to your request. Most companies are willing to negotiate on your behalf, and they don’t charge a fee unless they’re successful. This service doesn’t work in every state, so it’s important to find one that works in your state.

In general, debt consolidation is a great way to get on top of payments and create a budget for your future. Although it is not a magic wand, it can help you reduce your total debt. However, if you have a good credit score and you can make your current payments, it may not be worth it. If you are able to pay off your balances within 12 to 18 months at your current repayment rate, debt consolidation may be a good choice.

It intentionally defaults on credit card loans

If you’ve ever watched the Credit Associates TV ad, you’ve probably noticed a man with a neat cut and a good looking smile pitching his debt settlement service. This company promises debt relief without filing for bankruptcy and offers convenient low payments. What could be more unsuitable? But what if this is not the case? How can you protect yourself from the company’s practices?

It offers a secure private savings account

The Debt Settlement program offered by Credit Associates is based on making 24-36 monthly payments, with a minimum of $10,000. The company will negotiate your debt for you and help you save a significant portion of the debt you owe. It works with most types of unsecured debt, including credit cards, business loans, and medical bills, but doesn’t negotiate secured debt. This is the only program of its kind to offer debt settlement to consumers in these states.

The program includes a free debt consultation. A trained debt advisor will evaluate your financial situation and help you decide how to proceed. Credit Associates will refer you to a debt relief provider if you need help. This is a value-added service that may be worth considering. Alternatively, you can opt for the Debt Relief Program and save more money in the process. Both companies offer free debt consultations.

Although there is no guarantee of a successful settlement, the company will not charge you anything unless you successfully negotiate with your creditors. Moreover, there is no law requiring debtors to negotiate, but most companies are willing to do so. CreditAssociates calculates your savings potential by assuming a 15% interest rate and 36 negotiated monthly payments. These numbers do not include the service fee, which varies by state.

Despite being accredited by the AFCC and IAPDA, Credit Associates is not yet a perfect debt relief provider. Many consumers have complained about the lack of communication between the company and its customers. Even positive reviews mention issues with getting in touch with the company’s Customer Service. In addition, the company doesn’t provide regular updates, and a few people have a history of receiving unwanted correspondence from it.